Information for Duncan Corporation is shown below:   20X1 Net Income ₱   400,000    Average Investment ₱1,000,000  Sales Revenue ₱2,000,000  If the average investment of the company increased by 10% without any change in net income, what would be the new ROI? Show solution Group of answer choices 44.44% 44.00% 18.18% 36.36%

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter16: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 8DQ: Suppose a firm with a contribution margin ratio of 0.3 increased its advertising expenses by 10,000...
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Information for Duncan Corporation is shown below:

 

20X1

Net Income

₱   400,000   

Average Investment

₱1,000,000 

Sales Revenue

₱2,000,000 

If the average investment of the company increased by 10% without any change in net income, what would be the new ROI? Show solution

Group of answer choices

44.44%

44.00%

18.18%

36.36%

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